Why do I still add GIGGLE to my watchlist even though the chart is "bleeding"? Here are 3 purely technical reasons:
1. Mathematical Scarcity: With a total supply of only 1,000,000 tokens, GIGGLE doesn't play the "dusting" game like meme tokens with trillions of supply. If the market cap reaches 1B$, the price per token would be 1,000$. This is more of a "Blue-chip" price structure rather than a typical meme.
2. Actual Burn Mechanism (Real Yield): Unlike "virtual burning," GIGGLE burns based on actual transaction fees from Binance. The recent Batch 2 recorded ~3,300 tokens removed. The lower the price, the faster the burn rate per USD fee. This is a highly intelligent self-balancing supply mechanism.
3. On-chain "Silence": Top 2 wallet (0x68...) still holds 2.3% of the total supply from the $50 range, never selling a single token at the $285 peak. When the "big players" haven't exited, the game isn't over.
GIGGLE is in the "filtering" phase of weak hands (weak hands). The $68-$70 range is an excellent risk/reward observation point (R:R) for a mid-term position.
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Why do I still add GIGGLE to my watchlist even though the chart is "bleeding"? Here are 3 purely technical reasons:
1. Mathematical Scarcity: With a total supply of only 1,000,000 tokens, GIGGLE doesn't play the "dusting" game like meme tokens with trillions of supply. If the market cap reaches 1B$, the price per token would be 1,000$. This is more of a "Blue-chip" price structure rather than a typical meme.
2. Actual Burn Mechanism (Real Yield): Unlike "virtual burning," GIGGLE burns based on actual transaction fees from Binance. The recent Batch 2 recorded ~3,300 tokens removed. The lower the price, the faster the burn rate per USD fee. This is a highly intelligent self-balancing supply mechanism.
3. On-chain "Silence": Top 2 wallet (0x68...) still holds 2.3% of the total supply from the $50 range, never selling a single token at the $285 peak. When the "big players" haven't exited, the game isn't over.
GIGGLE is in the "filtering" phase of weak hands (weak hands). The $68-$70 range is an excellent risk/reward observation point (R:R) for a mid-term position.
#giggle #BSC #Binance #CryptoAnalysis #Tokenomics